West
HFF West Coast Leadership Announcements
HFF experienced significant growth on the West Coast in 2012 and in response to this growth the firm has made changes to its West Coast leadership team.
San Diego County Apartments Trade for $3.5M
An apartment property at 1717 N. Vulcan Ave. in Encinitas has changed hands for $3.5 million. The seller was a partnership that had acquired the property in 2010 as a value-add, while the buyer was a private investor.
Dana Strand Senior Apartments Wins NAHB’s Gold Award for Best 50+ Affordable Rental Community
Dana Strand Senior Apartments has recently won NAHB’s Best of 50+ Housing Awards—Gold Award for Best 50+ Affordable Rental Community.
Yardi Systems Deploys Unified IP Business Communications Software from Interactive Intelligence
Yardi Systems, a provider of property management software and services, has deployed unified IP business communications software from Interactive Intelligence Group Inc.
Ground Broken for Suburban LA Affordable Housing
Affirmed Housing Group has broken ground on Arbor Green Apartments, an affordable housing development. The property will include 40 units comprised of one-, two- and three-bedroom units, each with its own storage locker.
Seven-Person Capital Markets Team Led by Sullivan and Jugl Join HFF’s Denver Office
HFF recently announced that a seven-person capital markets team led by Mary Sullivan and John Jugl has joined the firm’s Denver office. The team, formerly of Jones Lang LaSalle, will focus on capital markets transactions in the office, industrial and retail sectors.
Affirmed Housing Developing 40-Unit Affordable Housing Community
Affirmed Housing is developing Arbor Green Apartments, a planned three-story, 40-unit affordable housing community in Carson, Calif.
MARKET SNAPSHOT: Economy in Colorado Springs Contracts due to 2012 Wildfire
After the historic wildfire that destroyed 347 homes and burned around 18,000 acres of land, the Colorado Springs MSA is still reeling from the impact.
Colorado Rental Community Gets Cash-Out Refinance
Kipling Village LLC has gained $12.2 million in the cash-out refinance of Kipling Village Apartments, the result of efforts on its behalf by commercial real estate investment banking firm George Smith Partners.
KTGY Designs Award-Winning $10M Seniors Community
Heritage Oaks Senior Apartments, a seniors community in Oakdale, Calif., has recently opened. The $10 million community is environmentally friendly and has earned LEED Platinum certification.